I am going to keep this short and sweet. If you like the bills, call your congressperson and make them aware of your support for HR-1456, HR-1487, HR-1488. They deal with the egregious manner in which fees are structured and charged.
HR 1456 (Maloney- NY)- to require customer consent before a depository institution may initiate overdraft protection services and fees, to enhance the information made available to consumers relating to overdraft protection services and fees, to prohibit systematic manipulation in the posting of checks and other debits to a depository account for the purpose of generating overdraft protection fees, and for other purposes.
HR-1487 Meek, D-FL- To amend the Electronic Fund Transfer Act to require notice to the consumer before any fee may be imposed by a financial institution in connection with any transaction for any overdraft protection service provided with respect to such transaction, and for other purposes.
HR-1488 Meek FL- To establish a fair order of posting checks and deposits to prevent unjust enrichment of financial institutions from fees that accrue only by virtue of the order used by the institution for posting checks and deposits, and for other purposes.